Tag: Argentina

FAS forecasts strong soybean production in Argentina 

FAS forecasts strong soybean production in Argentina 

January 13, 2025 |

In Missouri, World Grain reported that the latest report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture forecasts a strong soybean production and crush in Argentina in the 2024-25 marketing year. With nearly 90% of the soybean crop planted, crop development is progressing well with 93% of the crop in the […]

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Argentina exchange increases corn, cuts soybean planting estimates

Argentina exchange increases corn, cuts soybean planting estimates

January 5, 2025 |

In Argentina, Reuters reported that the Buenos Aires Grains Exchange increased its corn planting area estimate, while trimming the pegged soybean area for the 2024/25 season. The corn crop is now seen covering 6.6 million hectares, up from a prior estimation of 6.3 million hectares, the exchange said, adding the new forecast was a “correction” […]

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YPF, Essential Energy signed agreement to develop a biorefinery in Santa Fe

YPF, Essential Energy signed agreement to develop a biorefinery in Santa Fe

December 27, 2024 |

In Argentina, Econo Journal reported that local state-controlled oil firm YPF and Essential Energy signed a Memorandum of Understanding (MOU) to evaluate the feasibility of developing a biorefinery in the province of Santa Fe. The aim of the project is to reuse the facilities of YPF’s non-operational refinery in the town of San Lorenzo, promoting […]

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YPF and Essential Energy signs agreement

YPF and Essential Energy signs agreement

December 24, 2024 |

In Argentina, YPF S.A. and ESSENTIAL ENERGY S.A. signed a memorandum of understanding to evaluate the feasibility of developing a biorefinery in the province of Santa Fe. This project seeks to reuse the facilities of YPF’s non-operational refinery in the town of San Lorenzo, promoting the sustainable production of fuels. With a presence in the […]

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RP Global and GIZ collaborate on Argentina green hydrogen projects

RP Global and GIZ collaborate on Argentina green hydrogen projects

December 5, 2024 |

In Argentina, RP Global and GIZ launched a partnership under Germany’s H2Uppp program to develop green hydrogen and ammonia projects in southern Argentina, targeting local use and European export markets. The initiative is backed by the German Federal Ministry for Economic Affairs and Climate Action. The project, called “Gaucho Wind to Hydrogen & Green Ammonia,” […]

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UK seeks to expand duty on Argentine biodiesel to February 2029

UK seeks to expand duty on Argentine biodiesel to February 2029

November 11, 2024 |

In the UK, the Trade Remedies Authority (TRA) provisionally proposed that a countervailing measure on biodiesel imported from Argentina is maintained. In a Statement of Essential Facts, the TRA proposed that the duty payable on imports of biodiesel from Argentina be kept at a range of 25%-33.4% until February 2029. During the period of investigation, […]

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Lower palm oil production and lower stocks support palm oil futures

Lower palm oil production and lower stocks support palm oil futures

October 24, 2024 |

In Argentina, Reuters reports Malaysian palm oil futures rose for a fourth straight session on Thursday, boosted by expectations of lower palm production and shrinking domestic stockpiles. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange was up 18 ringgit, or 0.4 percent, at 4,504 ringgit a metric tonne in […]

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Grupo Bahia Blanca to build Argentina’s first SAF facility

Grupo Bahia Blanca to build Argentina’s first SAF facility

October 20, 2024 |

In Argentina, Biodiesel Argentina reported that Argentine company Grupo Bahía Energía will invest approximately $200 million in the first bioethanol plant in Buenos Aires and the first Sustainable Aviation Fuel plant in the country.  The report noted that the project will be carried out through its company Biosanfe, which will install an industrial complex for […]

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Bahía Energía Group to invest $200M in Argentina’s first SAF plant

Bahía Energía Group to invest $200M in Argentina’s first SAF plant

October 15, 2024 |

In Argentina, La Nacion newspaper reports Bahía Energía Group will invest approximately $200 million in the first bioethanol plant in Buenos Aires and the first Sustainable Aviation Fuel (SAF) plant in the country. The project will be carried out through its company Biosanfe, which will install an industrial complex for the production of biofuels (ethanol, […]

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Low Argentine river levels boosting soybean prices into Brazil

Low Argentine river levels boosting soybean prices into Brazil

October 8, 2024 |

In Argentina, Palm Oil Magazine reports that low river levels in Argentina have impeded soybean transportation which in turn has pushed up prices for soybean oil and biodiesel in Brazil. As a result of low levels on the Paraná River, boats have been forced to cut their cargoes by up to 12%. Between short supplies […]

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